Thanks to the university, Cambridge is seen as a hotspot for research, science and technology, which encourages leading companies to set up operations in the city and its suburbs (Astra-Zeneca, Microsoft and GSK).After all, Cambridge is the home of world-changing discoveries such as the structure of DNA. But how attractive is the property market there?&nbsp;Cambridge tops the charts for property investmentWhile Cambridge has a global reputation due to its university, there&rsquo;s a lot more to this UK city than just a world-class education. It also has a thriving economy comprising leading hospitals and a science park that attracts global companies.Having a world-renowned university comes with many benefits. Beyond the rental demand created by its large student population, the congregation of experts at the University of Cambridge has also created a research and development hub, bringing in professionals, scientists and international investors to the city.As a result, there is a continuous demand for property in Cambridge and the surrounding area.&nbsp;StudentsThe student population at Cambridge is enormous, with 20,000 students at the University of Cambridge and 22,000 students at Anglia Ruskin University.Around one in five residents in Cambridge are students, including undergraduates and postgraduates undertaking study and research.Moreover Cambridge also has a number of good schools catering to all age group with both state and private schools available.&nbsp;Global companiesThanks to the university, Cambridge is a hotspot for science and technology research, encouraging leading companies to set up operations in the city (Astra-Zeneca, Microsoft and GSK). After all, Cambridge is the home of world-changing discoveries such as the structure of DNA.Home to the Cambridge Biomedical Campus, one of the largest centres of health science and medical research in the world, Cambridge is also a technology hub, boasting a large cluster of high-tech businesses from software, electronics and biotechnology to science and engineering, harnessing the very best talent from the University and beyond.Cambridge&rsquo;s science parks are a partnership between the university colleges and businesses. Together, they have helped make them a world leader in futuristic industries like software and biotechnology.These have all brought highly-skilled, well-paid jobs to Cambridge and created huge demand for real estate.Addenbrooke&rsquo;s Hospital is a major teaching hospital and a world leader in medical research, along with nearby Royal Papworth Hospital. Both are huge employers with several thousand medical staff, researchers and support staff working there.The Cambridge economy has regularly been the fastest-growing economy within the UK and is likely to remain so in the future.&nbsp;ConnectionsCambridge is already well connected, being close to two major motorways and just 50 minutes from London by Thameslink train. A new railway line , the East-West Rail project, is planned to be built within the next decade, connecting it to the cities of Oxford and Milton Keynes.A new motorway-standard road, the Oxford-Cambridge Expressway, will also connect Cambridge to the M1 and Oxford.&nbsp;Property marketGiven the high demand and limited supply, Cambridge&rsquo;s house prices are some of the highest in the UK. Property prices have risen 85% since the 2008 global financial crisis, putting it among the highest in the UK&rsquo;s major cities including London.In 2020 there has been a 9% increase in new sales compared to 2019 (Zoopla). Rightmove has recorded it's busiest ever start to a new year in 2021, with visits to the site up 30% compared with a year ago. Buyer enquiries to agents are currently up 11% year-on-year, rental enquiries up 22% (02.01.21-06.01.21 v 04.01.20 -08.01.20). According to ONS, average rental values across the UK rose by 1.4% in the year to November. The South West had the largest increase (2.3%) and Scotland had the smallest increase (0.6%)&nbsp;(source: JLL Research, 2021).With particularly strong demand for rented homes, Cambridge properties can earn landlords some of the highest rents in the country.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504818/olmwebcontents/ip/prod/Cambridge_image002.jpg" />&nbsp;North West Cambridge DevelopmentThe North West Cambridge Development is the most significant capital project in the University&rsquo;s history.It is set to be a billion-pound urban district and the masterplan includes architecture that has been inspired by Cambridge: college courts, active street life, homes, research facilities, parks and amenities needed to sustain a city.The first phase of this development, Eddington district is already hugely successful, with plenty more to come.&nbsp;<img alt="" height="440" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image003.jpg" width="752" />&nbsp;Eddington and the wider North West Cambridge Development seeks to secure the University&rsquo;s long-term future and contribute to the City&rsquo;s growth by providing homes for key workers, students and the public in a vibrant place to live.It is a vibrant, new community with a school, nursery, shops, market square, sports facilities and more than 50 hectares of open space for residents to enjoy. It has been carefully planned to minimise its environmental impact with a forward-thinking approach to travel, energy, landscaping and construction.&nbsp;<img alt="" height="440" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504818/olmwebcontents/ip/prod/Cambridge_image004.jpg" width="752" />&nbsp;Investment opportunityJLL is marketing a new development called Knights Park in Eddington, north west Cambridge developed by Hill - the third largest privately-owned housebuilder in the UK.The first homes have been completed and some of them have already been released for sale on the open market.Five minutes&rsquo; walk from Knights Park is the University of Cambridge Primary School. Rated Outstanding by Ofsted, it is the first primary University Training School in the UK.For older children, there is a choice of Good or Outstanding rated secondary schools across the city, while the Cambridge Academy for Science and Technology offers a STEM curriculum at GCSE and A-Level.There are also a number of independent schools in the area catering to students of all ages, in addition to the historic and internationally renowned University of Cambridge.&nbsp;Unique selling points:&bull;&nbsp; Catchment area for University of Cambridge Primary School&bull;&nbsp; Thriving tech hub in Cambridge City Centre; Astra-Zeneca, Microsoft and GSK&bull;&nbsp; Hyatt Hotel coming soon to Eddington&bull;&nbsp; 53 minutes* to King's Cross London&bull;&nbsp; Innovative, modern homes set within beautiful green spaces with cycling and pedestrian friendly routes&bull;&nbsp; 1, 2, 3 bedroom apartments &amp; 3 &amp; 4 bedroom houses*&bull;&nbsp; First phase of the development&bull;&nbsp; Prices from &pound;369,950*&nbsp;Join us at our webinar on 25 March 2021 to learn more about the Cambridge Property Market and Knights Park.25 March, 5.30pm Register&nbsp;<a href="https://internationalresidential.jll.com.my/event-calendar/25/mar/2021/cambridge-more-university-city">here</a>&nbsp;For more information, please contact:Christine Wong (REN06667)M: +6012 908 6318E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image005.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image006.jpg" /><img alt="" height="505" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image007.jpg" width="752" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image008.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1616504819/olmwebcontents/ip/prod/Cambridge_image009.jpg" />&nbsp;&nbsp;Disclaimer: Jones Lang LaSalle Property Consultants Pte Ltd for themselves and for the vendors or lessors of this property whose agents they are, give notice that the particulars do not constitute, nor constitute any part of an offer or a contract. All statements, contained in these particulars as to this property are made without responsibility on the part of Jones Lang LaSalle Property Consultants Pte Ltd, or vendors or lessors. All descriptions, dimensions, and other particulars are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of the each of them. No person in the employment of Jones Lang LaSalle Property Consultants Pte Ltd has any authority to make or give any representation or warranty whatever in relation to this property. This form was produced solely for preliminary orientation on the property and is not a sales documentation. It does not constitute any offer or part of any contract for sale or otherwise. It contains data that has been provided to JLL by third parties and while we believe it is reliable, we have not independently verified it and take no responsibility for it. The projections, opinions, assumptions or estimates are included for examples only and may not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the Property and transaction. This is an overseas investment. As overseas investments carry additional financial, regulatory and legal risks, investors are advised to do the necessary checks and research on the investment beforehand. Computer generated images are indicative only.&nbsp; *Prices and details correct at point of publication. Terms and conditions apply.

Cambridge: More Than a University City

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New residential projects are creating rare opportunities for property investment in the UK's fastest growing economy within commuting distance of LondonWorld famous for its prestigious university, cutting-edge research and magnificent heritage, Cambridge is also one of the UK's leading technology hubs and fastest-growing economies.A huge student population, excellent career opportunities and convenient access to London ensure consistently high demand for residential property in Cambridge, and several new developments are providing opportunities for overseas property buyers and landlords.&nbsp;Best and brightestThere's more to Cambridge than its elite university, but the institution's influence on local life and the economy is undeniable. University colleges are spread across the city and one in five local residents are students, many of whom remain in the city after graduation for postgraduate research or recruitment into the highly-skilled local workforce.Cambridge's science parks are partnerships between the universities and businesses that continue to attract substantial overseas investment from the world's largest brands. These partnerships have been instrumental in growing Cambridge's reputation as a world leader in fields such as biotechnology, medical research, software and pharmaceuticals, particularly around the high-tech cluster nicknamed 'Silicon Fen.'The growing importance of Cambridge's technology and research sectors have placed the city among the UK's fastest growing economies in recent years. Less than an hour from London and international airports, Cambridge is a convenient location for businesses in all fields, and access will improve further with the new East-West Rail link and Oxford-Cambridge Expressway expected to open in the next decade.&nbsp;Country charm and city convenienceCambridge's reputation for work and study overshadows its other perks as a comfortable and stimulating place to live. Numerous performance venues, museums and art galleries provide one of the richest cultural offerings outside London, and a packed events calendar has something for everyone &ndash; from the live bands of the Big Weekend to the Cambridge Folk Festival and traditional Midsummer Fair.Cambridge's shopping and dining options are just as diverse. With three shopping centers, traditional markets, independent boutiques and the wide selection of restaurants, cafes and bars that modern city dwellers expect, Cambridge has all the attractions of city living with the English countryside on its doorstep.Families with children are also exceptionally well provided for in Cambridge, with many highly rated primary, secondary and independent schools in the area. These include the University of Cambridge Primary School, St Bede's Inter-Church School and Chesterton Community College, all rated 'Outstanding' by education authority Ofsted.&nbsp;Buoyant residential marketWith consistently high demand from domestic and overseas students, professionals and families, Cambridge property can offer investors and landlords some of the highest yields in the UK. The problem, until recently, was the lack of new supply. Cambridge's heritage architecture may be one of its greatest draws for visitors and residents, but stringent building restrictions have long stifled development in the small city, even as they maintained high levels of demand and prices.This situation is gradually improving as more new residential developments are opening up Cambridge and surrounding areas to investment. The Government's proposed CaMKOx Arc initiative for Cambridge, Milton Keynes and Oxford is also aiming to bring one million homes and 1.9 million residents to England's 'brain belt' by 2050 by creating new neighborhoods and amenities.One such district in Eddington, a new community less than two miles from Cambridge's historic city center designed by the University of Cambridge as a successful model of sustainable urban planning. Premium homes and apartments are now available in Eddington at Knights Park, combining modern living with convenient access to Cambridge, London and the surrounding countryside.&nbsp;For more information about Knights Park and other residential properties in Cambridge and the UK, please contact:Christine Wong (REN06667)JLL International ResidentialM: +6012 908 6318E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>

Cambridge city guide: Forward-thinking historic city

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When most people think of the cities of Europe, London, Paris and Barcelona spring to mind, for living in as well as buying property. As a result, this tends to push their property prices up given the investor demand. But Europe is a huge continent with lots of bustling cities when plenty of potential if you are willing to look further afield.One of these cities is Hamburg, which is Germany&rsquo;s second largest city after its capital Berlin. Traditionally, Germany has not been a priority market for overseas property investors based in Asia. Most usually look at the UK, Australia and the US when it comes to purchasing a second home or an investment property overseas.But more discerning investors have been looking at Germany as a way to diversify their property portfolios and improve their yields. Germany is also seen as lower risk than other markets like the UK post-Brexit. It also has the largest and most stable economy in Europe accounting for 20% GDP of the European Union (EU), which helps provide strong support for its real estate investment.Plus Hamburg, along with other German cities of Frankfurt and Munich are regularly ranked in the world&rsquo;s most desirable places in the world to live.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965611/olmwebcontents/ip/prod/ur8pi8f8mixteaoyozpp.png" />&nbsp;Strong backdropDid you know that there usually a shortage of suitable properties available in Germany? This is because it has strict housing policies that only allow a limited number of new-build constructions each year, restricting the housing supply. This also mean there are no wild swings in property prices but more stable and sustainable growth instead.Germany has a very accessible education system with free education provided up to high school and no general tuition fees for public universities. At the same time, many German universities are ranked as some of the best in the world and more foreign students are now studying there. This opens up opportunities for graduates to work there, and across other parts of Europe.It may come as a surprise but in Germany many people prefer to rent rather than buy. It is heavily embedded in the German culture. This strong demand for rental properties means there is a strong Buy-to-Let market which offers a steady source of income to property investors.&nbsp;Why Hamburg?Hamburg has around 1.8 million inhabitants and is both a city as well as a state. The metropolitan area is seven times greater than Paris and two and a half times greater than London. As a result, Hamburg has the largest average living space of all major cities in the world, leading to high standards of living and housing.The city is known for its beautiful tree-lined waterways and lush parks. In fact, Hamburg boasts 2,302 bridges, which is more than Venice combined with Amsterdam.On the economic front, Hamburg is a huge gateway to the world and home to Germany&rsquo;s largest port. This has helped make it an extremely international and culturally-diverse city that has attracted more than 3,500 international firms and employers.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965668/olmwebcontents/ip/prod/ygrmpavkmqa3i0b8gbnv.jpg" />&nbsp;City in a cityWithin Hamburg, a mini city called &lsquo;HafenCity&rsquo; is being developed as part of its maritime district. More than 7,500 residential units for around 15,000 residents are being built, as well as business premises offering in excess of 45,000 job opportunities (of which 35,000 will be in offices), plus educational institutions, restaurants and bars, retail, cultural and leisure amenities, with parks, plazas and promenades &ndash; after overall completion, 80,000 visitors per day are expected.This exciting project started in 1997 and is expected to be finished by 2030. This has opened up the number of properties available for purchase in Hamburg and its Buy-to-Let market is starting to flourish.JLL is selling a unique complex within HafenCity called Roots.&nbsp;The residential tower is 19 floors high and the tallest wood hybrid building in Germany.&nbsp;The development is also home to the German Wildlife Foundation, and includes a museum and restaurant while sitting in a waterfront location.Along with panoramic views over the River Elbe, buyers also enjoy guaranteed rental yields should they choose it as an investment property. These all make a very strong case to put Hamburg and the newly-developed Hafencity on your property radar.To find out more about property investing in Germany sign up to our livestream event on Facebook&nbsp;on 18 March.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965860/olmwebcontents/ip/prod/ydw4mjtktus9n4o2ak1m.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965868/olmwebcontents/ip/prod/wi9j9izymvouliem0e3k.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615965875/olmwebcontents/ip/prod/v42n6e9uakwsotkdxijs.jpg" />For more information, please contact:Christine Wong (REN06667)M: +6012 908 6318E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>

Invest in Germany: Spotlight on Hamburg

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<div>The housing market has got the extended holiday many were hoping for and the clock is now effectively ticking for new buyers who haven&rsquo;t yet started the process of purchasing a home to take advantage of a reduced Stamp Duty charge.&nbsp;</div><div>Stamp Duty Extended Holiday&nbsp;According to Rightmove data it has taken an average of 54 days to sell a home since the holiday was introduced in July, down from an average of 70 days in the 12 months prior.Assuming the average time to sell a home remains at the current level, aspiring buyers have until 7th&nbsp;May to begin a purchase to take advantage of the holiday extension.Overall the Stamp Duty holiday has provided a much-needed confidence boost to the housing market following its full closure in March last year. However, its previous cliff edge ending on 31st&nbsp;March always risked seeing sales fall through increasing anxiety for aspiring purchasers. The extension will provide welcome relief to those purchasers and open the door to additional buyers. There now needs to be clear signposting introduced to ensure the cliff edge is not just pushed further down the road.Nick Whitten - Head of UK Living Research2% overseas Stamp Duty surplusThis tax represents a big shift in UK Government policy away from an open trade policy &ndash; until now there has never been a consideration of an investors origin if they are looking to buy an investment home.This tax will undoubtedly create some market resistance for an initial period until it becomes accepted. It should be noted that many other competing cities already provide higher levels of overseas taxation so the UK&rsquo;s major cities should remain competitive on the international stage.&nbsp;First Time Buyer Mortgages95% mortgages have been all but non-existent for some time now so the Government&rsquo;s mortgage guarantee scheme is hugely welcome news for aspiring home owners who have long faced mounting affordability issues.&nbsp;Capital Gains Tax changesThe UK has obviously seen a significant increase in its debts as a result of supporting the country through the COVID pandemic. Those who can pay more tax, should pay more &ndash; that is only right and it fits with the levelling up agenda.Nearly half of the UK&rsquo;s privately rented homes are in suburban locations owned by small scale buy-to-let landlords. There could now be an increase in demand for this kind of housing stock from first time buyers looking to take advantage of the new mortgage guarantee scheme. The proposed changes to Capital Gains Tax could prompt of flurry of sales from landlords looking to exit before the changes take place. However, if there isn&rsquo;t sufficient lead in time before the CGT changes take effect, it could reduce the volume of rental stock coming to market. CGT is ultimately a discretionary tax, and if homes become bloated with that tax, many landlords will opt to sit on their asset and wait.&nbsp;Wholesale Review of Residential TaxesLooking ahead, the Government has announced a Tax Day on 23 March and this could include the commencement of a widespread review of residential property taxes.Reviewing how residential properties are taxed in the UK is long, long overdue.Council Tax is based on residential values from 1991, which frankly are a very poor reflection of the current market. Meanwhile, Stamp Duty is a hugely inefficient tax which is ultimately a potential hindrance to the future economic prosperity of the UK. It makes no sense for people to find themselves &lsquo;locked-in&rsquo; to their current home because of the tax burden of moving. People need to be able to migrate towards opportunities as easily as possible in the 4th&nbsp;Industrial Age and as part of the levelling up agenda.Government also needs to acknowledge that we have an ageing population and SDLT is a hugely punitive tax for those looking to descend the housing ladder and right-size in later life. Without enabling more people to downsize, we face many people continuing to live inappropriate homes for their needs which in turn forces Government to have to increase expenditure on health and social care.However, any significant changes in the tax system must be carried out with care, following a detailed consultation and with a sufficient lead-in time. Any replacement residential tax should carry a similar starting burden for individuals. The variance should then occur over time to allow householders to adjust their finances accordingly.&nbsp;Overall Budget ConclusionThere are many welcome announcements within this Budget. However, solutions to the housing challenge must also focus on providing homes to suit a greater variety of end user needs. Society has changed and we must move away from the concept of blanket home ownership. We need measures to support an increase in purpose-built rental homes which will professionalise the private rented market, providing long-term, secure housing, and raising the profile of renting as an aspirational lifestyle choice.And we need attractive, specialist later life housing which will help free up family homes and make more efficient use of existing stock.&nbsp; With people living longer, the UK&rsquo;s ageing population is typically under occupying family homes, but appropriate alternatives will encourage right-sizing.Measures to address the housing market should be targeted at increasing all forms of supply, not just increasing demand for Private Sale housing only.&nbsp;&nbsp;<div display:inline-block="">For more information, please contact: Christine Wong (REN06667 M: +6012 908 6318 E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a></div></div><div><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1615536793/olmwebcontents/ip/prod/xshfagqea2aubbkmhted.jpg" /></div><div>Nick Whitten - Head of UK Living Research</div>

Spring Budget 2021: Stamp Duty Holiday Extension

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Our lives now revolve around our homes more than at any point in the past 250 years. In 2020, Covid-19 has accelerated a trend which is making our homes the centre of our lives once again with technology being the great enabler allowing us to satisfy our needs and wants in our homes.Our Residential Forecasts 2021 will look to the future and offer valuable insight on:<ul><li>UK house price and rental value forecasts for the next five years</li><li>Expected future housing starts and levels of transactions over the next half a decade</li><li>Which cities will witness the highest house price growth?</li><li>Will the Covid-19 pandemic trigger large-scale de-urbanisation?</li><li>What role is technology playing to satisfy our increasing needs and wants in our home?</li></ul><a href="https://internationalresidential.jll.com.my/download?pdf=677&amp;return_to=news/2020/11/12/uk-residential-forecasts-home-everything" target="_blank">Download Report</a>&nbsp;Nick Whitten our Head of UK Living Research discusses our latest forecasts in the video below.&nbsp;<div><iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" frameborder="0" height="315" src="https://players.brightcove.net/1268729899001/default_default/index.html?videoId=6205798275001" width="560"></iframe></div>&nbsp;For more information, please contact:Christine Wong (REN06667)M: +6012 908 6318E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>

UK Residential Forecasts – Home is… for everything

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Shortage in supply of new-built condominium pushes up demands in resale marketThe sustainable growth of the Japan property market has been supported by a steadily-growing population in the metropolitan areas. As such, the shortage in supply of new-built condominium is leading more people to turn their eyes towards relatively new condominiums in the resale market. The Japanese traditionally favor new-built housing, but the recent trends tell us that there has been a change in the people&rsquo;s perceptions in the age of a building or property. Today, we will look at more insights of the recent trend in resale market. Demand of housing remains strong The population growth in metropolitan areas like Tokyo has been showing a steady increase. COVID-19 has changed our living and working styles in various ways, but the impact on housing demand is limited. Market observers commented that more people from the city central areas are moving to spacious houses in country side because of working from home (WFH) was being introduced during the state of emergency in April 2020. Indeed, according to the survey by Tokyo Shoko Research survey, 56% of companies adopted WFH at the time. However, in August, the companies still continuing with WFH reduced to 34.40%.&nbsp;Demand of housing remains strongThe population growth in metropolitan areas like Tokyo has been showing a steady increase. COVID-19 &nbsp;has changed our living and working styles in various ways, but the impact on housing demand is limited. Market observers commented that more people from the city central areas are moving to spacious houses in country side because of working from home (WFH) was being introduced during the state of emergency in April 2020. Indeed, according to the survey by Tokyo Shoko Research survey, 56% of companies adopted WFH at the time. However, in August, the companies still continuing with WFH reduced to 34.40%.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1604395000/olmwebcontents/ip/prod/1.png" />Large companies have higher adoption rate of 61.31%, which is almost double that of mid-to-small size companies.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1604394999/olmwebcontents/ip/prod/2.png" />However, in terms of participant rate, majority of large companies responded that no more than 30% of their employees actually WFH. Even so, it was often not full-time complete WFH but a partial one, i.e. biweekly or a few days in a week. Therefore, relocating to country side is not a practical option for the majority, as commuting to work is still required and thus good connectivity still remains important.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1604394999/olmwebcontents/ip/prod/3.png" />Looking at the demographic movement in Tokyo, COVID-19 did affect the population movements, but not to the extent to call it as a population outflow. Indeed, demography by nationality showed the decrease in population was largely contributed by foreign residents returning back to their countries. As of August 1, Japanese population has increased by 58,114 comparing with January, while foreigner population has reduced by 4%. &nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1604394999/olmwebcontents/ip/prod/4.png" />In the long term, population growth is still in an upward trend. On year on year basis, the Japanese population in metropolitan areas is increasing, despite the state of emergency was announced in April to May period disrupted the usual influx of people expected for every new school year and fiscal year starting in April.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1604394999/olmwebcontents/ip/prod/5.png" />&nbsp;Fortunately, real estate sales activity has sprung back to what it used to be before COVID-19. There is still a great demand for condominiums from the local owner occupiers and the decrease of foreigners do not seem to affect sales. When businesses resumed after the state of emergency, local buyers started actively looking for housing like before. On year on year basis, there were even more transactions in the resale market in August.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1604394999/olmwebcontents/ip/prod/6.png" />Shortage of supply in new-built condominiumsIn recent years, the supply of new-built condominiums in Tokyo has been decreasing, despite of the growing population and housing demands. The choice limitations turned buyers to the resale market for secondary alternatives. Land acquisition has always been very competitive in the already developed central areas in Tokyo. As city urbanization continues, the shortage of supply in new-built properties is expected to push up the demands of resale apartments.The next graph shows the transaction volume of resale versus new-built properties in Tokyo 23 wards over the past ten years. The transaction volumes of resale market showed increase gradually, as the new-built condo supply slowed down after 2013.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1604394999/olmwebcontents/ip/prod/7.png" />Properties below 20 years are actively sought afterNew-built housing has always been the most preferred option for Japanese, because historically, houses in Japan were built by wood. It was believed that the newer the house, the better would be its durability. However, the situations are different today. With fewer new-built options and the advancement of superior construction qualities, resale apartments are generally now more accepted.As more buyers opt for resale markets as a substitute for new-built apartments, it resulted in the majority of transaction volumes concentrated in the relatively new buildings with age below 20 years. In terms of the transaction ratio against the supply, the building aged between 6 to 10 years shows the highest demand last year, followed by those of 11 to 15 years, 16 to 20 years and 0 to 5 years.&nbsp;Recommendation is up to 15 years oldThe observations showed that transaction volume zone is within 20 years old and so, investing in property below15 years is the best recommendation with consideration of the exit timing as well. Although buildings of 20 years old might sound &ldquo;old&rdquo; for overseas investors, the locals feel differently. Although traditionally the Japanese adore new-built properties, nowadays more people are realizing that the construction qualities after the millennium 2000 have become excellent to provide strong durability. Especially properties from established developers are well-maintained in very good conditions, which makes it no big difference to the new-built ones.Many Japanese developers have their own prestige brand names for their condominiums. Therefore, they put in their utmost efforts in maintaining their quality and reputation. Often, the building management is by developer&rsquo;s subsidiary company so as to make sure the same brand quality is achieved.Because of the superior construction quality, it is unlikely that owners of such condominiums will need to pay substantial amounts for maintenance in the first 10 years. That is why many property management companies offers guarantee plans that cover minor repair costs, as there is not much pay out expected during this period of time.After the first decade, some replacements of appliances like air-cons, dishwashers, water-heaters may be required due to service lifespans, but in general, the properties will look no inferior to new-built ones and are equally competitive in the markets.&nbsp;Property price continues to grow in prime locationsBoth resale and new-built condominiums in Tokyo have been on a steep price growth since 2013. The growth until 2016 were largely affected by the great expectations towards Tokyo Olympic game, which has brought significant impacts on the property markets not only in Tokyo central, but also to surrounding areas. The growth in the most recent couple years was due to more sustainable and rational factors. Good connectivity, prime locations, redevelopment and superior quality apartments are enjoying appreciation, whereas those properties without these factors are being left behind from the continuous growths.The demand for a good property in terms of quality and location is expected to remain strong in central area, as working in office is still a daily norm for majority. The shortage of new home supply will still continue, as land acquisitions will remain competitive in prime locations, which in turn can push up values of the existing good properties. It is therefore a good opportunity to widen your options to consider resale properties with strong growth factors.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1604395000/olmwebcontents/ip/prod/8.png" />&nbsp;For more information, please contact:Christine Wong (REN06667)M: +6012 908 6318E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>

Japan Resale Property Market overview

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Despite the challenges posed by Covid-19, new housing schemes, developments and initiatives in the UK continue unabated.The beauty of a city like London is that it has such a wide variety of vibrant districts spread across its vast metropolis. Most of these are steeped in rich heritage, dating back to Victorian times and beyond.One of the lesser-known areas in central London, is called the Silk District and sits in the east of the city. Back in the 17th&nbsp;century, the Hugenots were forced to flee France and brought their silk-weaving skills to this part of London. Before that you couldn&rsquo;t buy silk in England.While most Londoners will know the area as Whitechapel, the Silk District is being revitalised thanks to some new regeneration projects.&nbsp;This historic part of the city&nbsp;currently ranks in The Telegraph's Top 20 Places to Invest in London.&nbsp;Whitechapel visionThe Mayor of London&rsquo;s&nbsp;&ldquo;Whitechapel Vision&rdquo;&nbsp;is a &pound;300m investment to improve the local area, creating a new shopping destination, public squares and first-class educational opportunities.The regeneration plan aims to create 5,000 new local jobs, a new street market, seven public squares, a research campus, parks and a medical research centre.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1602666668/olmwebcontents/ip/prod/mzf3ityq1gq9hlwptir0.png" />&nbsp;Christine Wong, Head of International Residential, JLL Malaysia&nbsp;said:&ldquo;With unrivalled transport link and located closely to central London with the most attractive price point, JLL present to you one of the best investment opportunity available now.&rdquo;&nbsp;Up-and-coming neighbourhoodThe area is a magnet for city execs, technology workers and creative types with the ultra-cool Shoreditch enclave close by.A major part of the regeneration includes the opening of the high-speed Crossrail train network in 2021. When this opens, residents can reach Central London in 10 minutes or less. This improved connectivity is likely to spur healthy rises in property values in locations that have Crossrail access.&ldquo;There is currently huge appetite to invest in Whitechapel,&rdquo;&nbsp;Peter Gibney, director at JLL, commented.&ldquo;This area was first identified by JLL&rsquo;s Crossrail tool as offering the highest price growth potential compared with other Crossrail stations.Together with the emerging creative commercial hub and unparalleled convenience of location for both work and leisure, Whitechapel looks set for demand for residential investment opportunities to continue to outstrip supply.&rdquo;&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1602666731/olmwebcontents/ip/prod/zxt548r4i7s2cybhzdaw.jpg" />&nbsp;&ldquo;Neighbouring high-performing areas like Old Street and Spitalfields have seen staggering returns over the last five years, which demonstrates the best is yet to come.The Bouchon (the last phase of The Silk District) offers a great opportunity for savvy buyers and investors, and it&rsquo;s the last chance to buy in this up-and-coming development.&rdquo;Even without Crossrail, the Silk District and wider Whitechapel is on the edge of London&rsquo;s city centre located in the Zone 1 transport network.In fact, the Silk District is excellently located in between two of London&rsquo;s largest financial districts, the City of London and Canary Wharf.&nbsp;Strong growthThis part of London is predicted to grow strongly by 2024. The average price growth of the Silk District development is expected to be more than twice that of other new builds in the same postcode.While London&rsquo;s financial districts are very close, so too are a number of world-renowned universities including Queen Mary University, UCL, London Metropolitan University and King's College, which are all within 15 minutes.The Silk District&rsquo;s close proximity to these financial and educational centres guarantees a steady influx of people looking to rent or buy properties.&nbsp;And with a low price per square foot compared to neighbouring boroughs, the Silk District is ranked top by JLL for future price growth potential.&nbsp;New developmentsThe Silk District development is designed by Stockwell Architects and features a 24-hour concierge, secured underground parking, a cinema room, a private gym, rooftop gardens and a large commercial space.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1602666842/olmwebcontents/ip/prod/r9f3nqy4ici3moyrsfcj.png" />&nbsp;We have already successfully launched three phases of the development and now the fourth phase is ready to launch. For investors, a two-bedroom rental property in the Silk District could command a premium rental price and capital appreciation over the next few years.Ongoing area regeneration and Crossrail&rsquo;s arrival is the catalyst for a 25% projected price growth by 2024.Launching now &ndash; The Bouchon @ The Silk District, London E1.It is the tallest building in the development, rising to 25 floors, offering stunning views of Canary Wharf and the City.&ldquo;The Bouchon offers would-be buyers the last chance to buy within our development, The Silk District, which is scheduled for completion in spring 2024,&rdquo;&nbsp;Jon Hall, sales director at Mount Anvil.Could Whitechapel&rsquo;s Silk District be the investment opportunity you are waiting for?Book a one on one appointment today or contact: Christine Wong (REN06667) M: +6012 908 6318 E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>Register:&nbsp;<a href="https://internationalresidential.jll.com.my/event-calendar/18/oct/2020/silk-district-phase-4">https://internationalresidential.jll.com.my/event-calendar/18/oct/2020/silk-district-phase-4</a>&nbsp;<div>Download our brochures for more information:</div><div><div><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1602667128/olmwebcontents/ip/prod/yl77ibw4u84pxodbz3ju.png" /><div>The Silk District, The Bouchon <a href="https://internationalresidential.jll.com.my/content/download?property_id=802876&amp;brochure_id=3048026&amp;brochure_title=The%20Silk%20District%20The%20Bouchon%20Brochure&amp;d_type=brochure&amp;return_to=apartment-new/london/the-silk-district">Download Brochure</a></div></div><div><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1602667184/olmwebcontents/ip/prod/farr5mpprkjawdhby0et.png" /><div>The Silk District, The Bouchon <a href="https://internationalresidential.jll.com.my/content/download?property_id=802876&amp;brochure_id=3047742&amp;brochure_title=The%20Silk%20District%20The%20Bouchon%20Factsheet&amp;d_type=brochure&amp;return_to=apartment-new/london/the-silk-district">Download Factsheet</a></div></div><div><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1602667192/olmwebcontents/ip/prod/emho4mrfrt5fvwgyj7kb.jpg" /><div>Whitechapel Investment Guide <a href="https://internationalresidential.jll.com.my/download?pdf=673">Download PDF</a></div></div></div>

Smooth investors are picking London’s Silk District

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In fact, data from UK's Land Registry reveals Asian are among the top 10 buyers in the Capital.&nbsp;But with the uncertainty over no-deal Brexit and rising property prices, it's becoming harder for buyers to find an ideal investment that can yield good returns.In this article, you&rsquo;ll discover why The Silk District in Whitechapel, London E1 is the answer to many investors&rsquo; dream of owning a profitable rental property in the Capital.&nbsp;Five-Star Hotel Experience at the Heart of the CityNamed after Whitechapel&rsquo;s historic silk trade, The Silk District is a collaboration between Mount Anvil and L&amp;Q.The Silk District is designed by Stockwell Architects and features a 24-hour concierge, secured underground parking, a cinema room, a private gym, rooftop gardens, and a 3,500 sqm. of commercial space.The interior comes with Terrazo-inspired flooring, SMEG appliances, integrated wardrobes, full-height windows, and open-plan living spaces.An audio visual entry system plus 24-hour CCTV cameras make sure the residents are safe and secure.For first-time and experienced buyers, The Silk District promises a profitable opportunity to grow their assets.Here&rsquo;s why...&nbsp;The Launching Of Crossrail Elizabeth Line<img alt="" height="682" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1537255181/olmwebcontents/ip/dev/ahwzzfhcsqj47ocbnbid.jpg" width="1354" />With the upcoming opening of Crossrail, residents can reach London in 10 minutes or less.That means an increased flow of transport to and from the Capital and a 15.3% growth in rental prices by 2021. (Source: JLL)What&rsquo;s more, the Crossrail opening will likely initiate a price growth.This will bring Whitechapel more in line with its neighbors who are trading 50% to 60% higher.&nbsp;<img alt="" height="499" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1537255189/olmwebcontents/ip/dev/wq4fye6cmmgysf74dcyb.jpg" width="660" />&nbsp;Less Than 20 Minutes from Major Employment and Educational Hubs (City of London, Canary Wharf, and Stratford)<img alt="" height="530" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1537259588/olmwebcontents/ip/prod/thxitiugmfybeaq1xh2q.jpg" width="725" />The City has a 55% of the workforce between 25 and 39 years old while the average full-time salary is &pound;80,000 (SGD 142,682).This is the highest of any London borough and 3x the national average.Canary Wharf is one of three core financial and business services employment location in London.Experts estimate that Canary Wharf will see another 14% growth in next ten years -- bringing the total number of employees to 234,000 by end of 2026.Stratford expects 30,500 new students, four new university campuses, and will house Europe's largest shopping mall.Silk District&rsquo;s close proximity to these financial and educational centers guarantees a steady influx of prospects looking to rent or buy properties.&nbsp;The Rise of &ldquo;Generation Rent&rdquo;A 2016 analysis from PwC shows that by 2025, 60% of Londoners will be renters.Dubbed as &ldquo;Generation Rent&rdquo; this group aged 20 - 39 years old will boost the demand for private renting across the UK and will continue to do so over the next decade.&nbsp;But why is this so?Richard Snook, senior economist for PwC explains:&ldquo;High prices are making homes in the capital unaffordable to most and could undo a century long trend towards rising home ownership rates - in just 25 years the city has been transformed to one where rental is becoming the norm &ndash; especially for younger people&rdquo;&nbsp;David Snell, partner, PwC, adds:&ldquo;With around 60% of Londoners predicted to be renting by 2025 (40% private sector/20% social housing), policy will need to adapt. This could include encouraging a better quality of private rented accommodation including longer tenure periods, and more rental properties designed for families.&rdquo; &nbsp;(Source: PwC)&nbsp;For investors, this means a 2-bedroom rental property in The Silk District could command a premium rental price and capital appreciation in the next few years.&nbsp;The &pound;300m Regeneration PlanThe master plan aims to create 5,000 new local jobs, a new street market, seven public squares, a research campus, parks, and a medical research center.With the regeneration plan underway, investors should expect residential prices to skyrocket by 19.8% between now and 2021 -- outpacing much of Central London.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/v1537250616/olmwebcontents/ip/dev/gmpxwl09o9uxcu01y4am.jpg" />&nbsp;Co-developed by UK&rsquo;s #1 Company for Health &amp; SafetyFor the 5th consecutive year, the British Safety Council named Mount Anvil, developer of The Silk District, as UK's number one company for health and safety across any sector.&nbsp;The developer also received a five-star rating and an audit score of 99.96%.&ldquo;Mount Anvil is an exemplar organisation in respect to health and safety management &ndash; in the UK and internationally. They are dedicated to world-class health and safety&rdquo; -&nbsp;Joscelyne Shaw, Policy Director, British Safety Council&nbsp;Mount Anvil also received two Sword of Honors - a global award recognizing health and safety excellence.Furthermore, Mount Anvil homes are protected with a 10 Year Buildmark Warranty, in conjunction with the NHBC. This warranty protect landowners for 10 years against structural defects like roof and foundation failures.And for the first 2 years post legal completion, Mount Anvil, in conjunction with the NHBC, shield investors against defects resulting from failure to meet NHBC requirements.&nbsp;Ready to Invest In The Silk District?Singaporean investors who wish to capitalize on this opportunity may realize a double-digit growth in prices and rents.&nbsp;JLL&rsquo;s Director of Residential UK Research,&nbsp;Nick Whitten, explains:&ldquo;The Silk District in E1 falls into the perfect buyer hotspot, meeting demand for competitively-priced homes in an area with excellent transport links.&rdquo;&ldquo;We expect rental demand for The Silk District to be as strong as the forecasted rental growth of 15.3% by 2022.&rdquo;&nbsp;Exclusive Launch:24th &amp; 25th October 2020 Saturday &amp; Sunday | 10am to 6pm Mandarin Oriental Hotel Parkview 1, Level 2 Kuala LumpurFor more information, please contact:Christine Wong (REN06667) M: +6012 908 6318 E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>Register:&nbsp;<a href="https://internationalresidential.jll.com.my/event-calendar/18/oct/2020/silk-district-phase-4">https://internationalresidential.jll.com.my/event-calendar/18/oct/2020/silk-district-phase-4</a>

Could Whitechapel’s Silk District Become the Next Big Opportunity Malaysian Property Investors Are Waiting For?

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The pride of Scotland and a property hotspotEdinburgh has a lot going for it in terms of having a thriving financial and technology sector, world-class universities and a rich history. It also has lower property prices than London, a high standard of living and is undergoing some major regeneration projects across the city.Those factors should be more than enough to entice overseas property investors to think outside of London and focus on Scotland&rsquo;s capital city instead. Edinburgh also has a higher percentage (77.8%) of its working age population in employment than any other major UK city. That makes for a healthy labour market which underpins its strong economy.Along with its economic and business credentials, Edinburgh is a picturesque city steeped in history and with roots dating back to the medieval times. It has a number of stunning natural and man-made landmarks including a famous castle that sits high above the city.&nbsp;Financial hubWhile London is one of the world&rsquo;s leading financial hubs, Edinburgh is also seen as a significant financial centre within Europe. It is home to a large number of banks, insurers and fund managers.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600139440/olmwebcontents/ip/prod/o5rq2lpif2ufdog8vrkh.jpg" />&nbsp;In fact, Edinburgh is ranked the number two city after London in terms of economic growth. As a world-class city it attracts a high level of foreign investment as the UK&rsquo;s second biggest financial centre. It also has a thriving technology scene.Salaries are also high in Edinburgh and the average hourly pay was &pound;15.00 in 2018, which is at least &pound;1 higher per hour than seven other major UK cities. This could be partly due to the fact that a large proportion of workers are in high skilled occupations. At 37.8% of all workers, this is more than other UK cities, including London. This means a healthy rental market of young professionals.&nbsp;University cityThe University of Edinburgh is one of the most prestigious academic institutions in the UK and was ranked 20th according to recent World University Rankings.Around one-third of the student population are from overseas, and the top five nationalities are China, the US, Germany, Canada, and Italy. This highlights Edinburgh&rsquo;s appeal to an international audience.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600139512/olmwebcontents/ip/prod/f2dvldb9jias5kkdrtjx.jpg" />&nbsp;Property opportunitiesEdinburgh has long been viewed as a highly desirable place to live which means housing in the city is in high demand. Edinburgh has achieved 6% growth for residential property prices between 2018 and 2019 exceeding London, making it attractive for those looking for capital growth.But it also offers plenty of potential as a source of income with a large pool of renters. We note that a quarter of homes in Edinburgh are privately rented compared to the UK average of 16%. The vast majority of them are owned by buy-to-let investors.On the back of a critical shortfall in housing supply, we expect Edinburgh to be one of the top-performing residential markets in the UK over the next five years.&nbsp;Modern cityAlongside its rich history, Edinburgh also boasts lots of modern facilities, more than 50 theatres and four respected universities. Plus many parts of the city are being regenerated including St James Quarter which is undergoing a &pound;1 billion facelift.New Eidyn is a new development being built in the heart of St James Quarter. It will include 152 beautifully-crafted apartments with spectacular views of the city.What&rsquo;s unique about New Eidyn is that it will be located above the new St James Quarter lifestyle destination which includes four floors of shopping, dining and leisure facilities.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600139521/olmwebcontents/ip/prod/yrbsrhqj63je1bnyg8al.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600139532/olmwebcontents/ip/prod/sm7cu5ujianumnknthyz.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600139557/olmwebcontents/ip/prod/gsktwf6nsnarhteipobz.jpg" />&nbsp;The apartments include access to a private residents&rsquo; garden, underground car parking along with membership rights to the neighbouring W Edinburgh hotel&rsquo;s gym.These are high-end features for a development that could become one of the standout attractions of Edinburgh&rsquo;s regeneration.The UK is an attractive place to invest for overseas property buyers and many are now venturing further afield to look at other major cities across the country. Edinburgh should be high on that list.&nbsp;For further information, please contactChristine Wong (REN06667) M: +6012 908 6318 E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>&nbsp;New Eidyn - Launching in Malaysia on 3rd&nbsp;October<a href="https://internationalresidential.jll.com.my/event-calendar/03/oct/2020/new-eidyn">Register now</a>

Investing in buy-to-let property in Scotland. Why Edinburgh?

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Real estate in the United Kingdom (UK) has always been a hit for Malaysian property investors. Besides being viewed as a highly-favoured study destination, UK real estate had always boasted strong capital growth and steady rental yield.However, with the noise on UK&rsquo;s withdrawal from the European Union (Brexit), coupled with the upcoming challenging winter season and rise in Covid-19 cases which Prime Minister Boris Johnson has labelled a second wave of virus, will the UK retain its appeal as a property investment hotspot?<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1601366574/olmwebcontents/ip/prod/utbt8syv2n6ulzxgyy4n.png" />&nbsp;It is noteworthy that UK house prices soared to record highs last month since 2016 August despite the Covid-19 crisis, with market observers attributing this to the stamp duty cut and pent up demand.Whether this trend is a flash in the pan is anyone&rsquo;s guess.Slight recovery in 2022Property consultancy firm JLL Research head of UK Living Research Nick Whitten points out that UK is the sixth largest economy in the world, with London being the capital city. Other notable cities include Birmingham, Manchester, Glasgow, Liverpool, Bristol and Edinburgh.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1601366547/olmwebcontents/ip/prod/k6jhwdocvsaviqdti6ei.jpg" />&nbsp;Whitten is more conservative about the market. The lockdown period severely affected transaction volume and he expects average house prices to drop about 8% this year, remaining flat in 2021 before recovering to 3% in 2022 and 5% in 2023 and 2024.For Greater London and prime Central London, he sees prices rising as high as 6% and 7% respectively, in 2022.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1601366595/olmwebcontents/ip/prod/orvmdddzhvif1erbtcnj.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1601366627/olmwebcontents/ip/prod/qntemf2vwklwbbrzgrli.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1601366650/olmwebcontents/ip/prod/f7qewnp2iorbdi0rkqor.jpg" />What investors should note are areas marked for regeneration. The infrastructure in these areas is being upgraded by public initiatives and new homes built by private enterprises.&ldquo;Notable hotspots include Whitechapel with the upcoming Crossrail station that connects East and West London on high speed rail. In 2016, JLL produced a research report which reviewed all the 42 Crossrail stations. This document researched aspects like price growth, rental demand, lifestyle and the general impact on the area. Whitechapel was in the top spot for price growth out of all 42 stations,&rdquo; says Whitten.Whitechapel is located two minutes away from the City of London and three minutes from Canary Wharf, one of the three core Financial and Business Services (F&amp;BS) employment locations in London in large part responsible for the capital&rsquo;s emergence as Europe&rsquo;s premier financial centre.Will London remain a good property investment choice? JLL Property Services Malaysia Lead of International Residential Christine Wong believes so, thanks to its undervalued currency, relatively cheaper stamp duty compared to other major cities and strong economic fundamentals.&ldquo;The 2020 UK Budget has announced a 2% rise in stamp duty for foreign buyers effective April 2021 &mdash; completed purchases before that date will pay the same as domestic investors. The Sterling Pound is also undervalued with the pound to dollar exchange rate at US$1.40 as compared to May this year at US$1.23 and pre-Brexit in 2016 at US$1.48,&rdquo; says Wong.Contributed by NATALIE KHOO / EDGEPROP.MYPublished on September 25, 2020

Expected price growth for UK properties in 2022

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The Portman Estate is investing more than &pound;250m into fashionable Marylebone to create a new residential hotspot in the heart of London W1&nbsp;London is consistently one of the most popular global cities for overseas property investment, and a prestigious Central London postcode is the gold standard for wealthy buyers and professionals who want the best of the city on their doorstep.Extensive regeneration continues to offer new opportunities to live and invest in London's most fashionable districts, among them Marylebone.A stone's throw from Oxford Street and Mayfair, surrounded by Royal Parks and a popular boutique shopping and dining destination in its own right, Marylebone in the Borough of Westminster is one of the most central and best-connected areas of London.The residential sales and lettings markets in Marylebone have remained robust over the past few years, and JLL expects growth to accelerate as the ongoing regeneration and forthcoming high-speed Crossrail services at nearby Paddington station draw more investment to the area.&nbsp;Marylebone's transformation is centered on The Portman Estate, a mixed-use neighborhood covering 110 acres of prime Central London real estate that dates back to 1532.Working with some of London's most esteemed property developers, the Estate is investing more than &pound;250m into Marylebone and surrounding areas over the next decade to improve living standards even further, bring more new and refurbished properties onto the market and ensure their long-term growth prospects.&nbsp;Village in the cityDespite its central location, Marylebone has held on to its village charm, particularly among the Georgian architecture and independent retail streets of The Portman Estate. The wider Marylebone area is famous for its specialist stores and home to several Michelin-starred restaurants, making it a popular destination for discerning Londoners looking for a more authentic alternative to the global brands of nearby Oxford Street and Regent Street.Part of London's artistic West End, Marylebone also has cultural experiences to entertain and inspire locals all year round, from the eclectic art exhibitions at The Wallace Collection to music recitals at the legendary Wigmore Hall.Nature lovers and families have two sprawling Royal Parks in walking distance &ndash; 350-acre Hyde Park and Regent's Park with its iconic zoo &ndash; and many of London's highest-rated schools, colleges and universities are just minutes away on the Underground, including King's College London, University College London, Imperial College London and the London School of Economics.&nbsp;<img alt="" height="867" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600678636/olmwebcontents/ip/prod/pb4poe4l288ea1pyylpc.jpg" width="1300" />&nbsp;At the center of London's transport network, Marylebone is exceptionally well connected to all parts of London and further afield by local Tube stations such as Marble Arch and Edgware and nearby Paddington station, offering high-speed connections to financial district Canary Wharf in just 17 minutes and London Heathrow Airport in 34 minutes on the Crossrail Elizabeth Line.With the opening of Crossrail now delayed until the first half of 2022, investors in London property can still look forward to the anticipated rise in demand and house values once services begin.&nbsp;Meticulous living spacesLocated in the west of The Portman Estate, TwentyFive is the new flagship residential development of the area that's already welcoming overseas investment.Developed by Native Land, TwentyFive offers 23 meticulous studios, one, two and three-bedroom lateral apartments and two lateral penthouses across eight floors.The mixed-use building also includes over 44,500 square feet of office space at OneThreeSix and four retail units, setting a new standard for high-end living and working locations in London.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600678691/olmwebcontents/ip/prod/lntpsvzanstcrkv4zzbq.jpg" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600678742/olmwebcontents/ip/prod/dpxsedpzadx1os3w0iiw.jpg" />&nbsp;Designed by architects Stiff + Trevillion, the eye-catching development makes the most of its stunning location with dual aspect views in most units and Juliet balconies for all.The spacious contemporary interiors by MSMR Architects use natural oak and stone, light color palettes and reflective surfaces to set a calm and airy atmosphere to help city dwellers unwind.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600678763/olmwebcontents/ip/prod/pskdezj0nrvj8ibrezwr.png" /><img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1600678782/olmwebcontents/ip/prod/py2zcxxozrysryiuge2p.png" />&nbsp;Residents can also access a private gym, a pool and spa at the neighboring Marriot Hotel, concierge services, secure underground car parking and other amenities, alongside the perks of a central London W1 location.&nbsp;For further information, please contact JLL:Christine Wong (REN06667) M: +6012 908 6318 E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>&nbsp;Twenty Five - Launching in Malaysia on 3rd&nbsp;&ndash; 4th&nbsp;October<a href="https://internationalresidential.jll.com.my/event-calendar/03/oct/2020/twentyfive-marylebone-w1">Register now</a>

Marylebone regeneration creating high-end residential opportunities in Central London

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While London continues to entice property buyers and investors from all over the world, some savvy ones are looking outside the capital where prices tend to be cheaper &ndash; &lsquo;where prices are seen as better value 58% migration into areas like Staines-upon-Thames is from London&rsquo;.Not only are prices lower once you leave the city, but many prefer the quieter suburbs and the slower pace of live living on the outskirts of a major city like London. The suburbs have an abundance of green space, parkland and a wider range of schools and other amenities which have proven more important than ever.Thankfully there a number of leafy areas on the outskirts of London to choose from.One such place is&nbsp;Staines-upon-Thames, a picturesque town nestled on the outskirts of London, on the River Thames yet only a 35 minute train ride from the city centre.This part of the UK enjoys average residential values that are &pound;100,000 (S$180,000) less than in central London.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1598940011/olmwebcontents/ip/prod/vjpyql8ourjx5gba23uz.jpg" width="670" />&nbsp;Hidden gemEden Grove&nbsp;is one such development that could tick all the boxes for investors looking for lower prices than the capital, a new-build complex and plenty of perks for residents including a gym, co-working space, private cinema, landscaped gardens and a 24-hour concierge.Launching in September, Lavender House will be the first phase of the Eden Grove development.It will be the tallest residential building in Staines-upon-Thames offering spectacular views of the countryside.It sits in the beautiful Surrey countryside neighbouring historical Ascot and Windsor with Windsor Castle only 14 minutes by car along with the famous Eton College.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1598940027/olmwebcontents/ip/prod/smiu8tpmdf1ghaubtfal.png" width="670" />&nbsp;There are also more than 20 independent schools within a six-mile radius while Heathrow Airport is a 10-minute drive away.&ldquo;It is a rarity to find a premium newly built residential opportunity not only just a short walk from the River Thames and in close proximity to the English countryside but also benefiting from exceptional transport links to Central London and Heathrow Airport.&rdquo;&nbsp;&nbsp;Paul Vallone, Executive Chairman St Edward&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1598940052/olmwebcontents/ip/prod/mkc37t8ubvws0bmehrjf.jpg" width="670" />&nbsp;Growth potentialNot only is it a pleasant residential area but Staines-upon-Thames is the number one growth area in the UK for new companies to set up. including world-class businesses&nbsp;Netflix, Samsung and BP.Given this, Staines-upon-Thames is in the top 10% locations across the UK for economic growth potential.<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1598940086/olmwebcontents/ip/prod/yjkkjgzc8pvbrqfnhhka.png" width="670" />&nbsp;Another strong point is the growth potential of property prices in Staines-upon-Thames.Property values in the area has grown 22% in the last five years and are forecast to grow by a healthy 7.6% a year from 2020 to 2024. This offers plenty of upside for capital growth while providing decent rental income.&nbsp;&lsquo;&rsquo;We expect history to repeat itself with Greater London and South East locations performing the strongest as we emerge from the COVID-19 crisis, just as they did coming out of the Global Financial Crisis. Once the dust settles house prices and rents will begin to grow again from as soon as 2021 in locations with strong demand fundamentals such as Staines-upon-Thames.&rsquo;&rsquo;&nbsp;&nbsp;Nick Whitten &ndash; UK Head of Residential JLL Research&nbsp;A one-bedroom apartment is expected to earn up to &pound;1,575 a month in rent while a two-bed is estimated to earn around &pound;2,000 a month.The developer of Lavender House is St Edward which is a joint venture company between M&amp;G Investments, owned by Prudential, and property developer Berkley.&nbsp;<img alt="" src="https://jll-global-gdim-res.cloudinary.com/image/upload/t_ip-image-optimization/v1598940112/olmwebcontents/ip/prod/utq0geto2rrnx0wstsqt.jpg" width="670" />&nbsp;While London has always attracted global property buyers, a new breed of overseas investor is now looking further afield at the hidden gems that the UK has to offer. These come with an enticing combination of lower prices and greater growth potential.&nbsp;For more details about&nbsp;Eden Grove, you may contact Christine Wong (REN06667) M: +6012 908 6318 E:&nbsp;<a href="mailto:wong.christine@ap.jll.com">wong.christine@ap.jll.com</a>&nbsp;Attend the Malaysia launch on 19-20 September 2020, 10am-6pm<a href="https://internationalresidential.jll.com.my/event-calendar/20/sep/2020/eden-grove">Register here.</a>

Spreading your property wings outside London

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.&nbsp;

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PRIVACY NOTICEJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.Generally the personal information we collect from you are for the purposes of dealing with your enquiry.We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our&nbsp;<a href="https://www.jll.co.uk/en/privacy-statement" target="_blank">privacy statement</a>.

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